Backblaze (BLZE) Net Margin (2020 - 2025)
Backblaze has reported Net Margin over the past 6 years, most recently at 10.17% for Q3 2025.
- Quarterly results put Net Margin at 10.17% for Q3 2025, up 2897.0% from a year ago — trailing twelve months through Sep 2025 was 24.37% (up 1345.0% YoY), and the annual figure for FY2024 was 38.03%, up 2051.0%.
- Net Margin for Q3 2025 was 10.17% at Backblaze, up from 19.55% in the prior quarter.
- Over the last five years, Net Margin for BLZE hit a ceiling of 10.17% in Q3 2025 and a floor of 73.15% in Q1 2023.
- Median Net Margin over the past 5 years was 42.48% (2023), compared with a mean of 42.75%.
- Biggest five-year swings in Net Margin: plummeted -41573bps in 2021 and later skyrocketed 3627bps in 2024.
- Backblaze's Net Margin stood at 51.37% in 2021, then decreased by -23bps to 63.22% in 2022, then skyrocketed by 33bps to 42.48% in 2023, then decreased by 0bps to 42.55% in 2024, then surged by 76bps to 10.17% in 2025.
- The last three reported values for Net Margin were 10.17% (Q3 2025), 19.55% (Q2 2025), and 26.94% (Q1 2025) per Business Quant data.